Occupy Wall Street Movement Essay

1250 Words5 Pages
Occupy Wall Street Movement Assignment 1: Occupy Wall Street Movement The Occupy Wall Street movement initially began on September 17, 2011. This movement began as a demonstration “against the influence of corporate money in politics, but participants also say they are upset about what they see as corporate greed, and, financial and social inequality.” (Haidt, 2012) One of the largest moral implications of the movement was that in terms of democracy. Most people know that the democracy and rights are controlled largely by money, not the people within said democracy. People who participated in the OWS movement knew if there was to be any change in the way the con try is controlled, and ran, then we need to stop looking at the dollars…show more content…
These ideals are also known as supply side economics or “Reaganomics.” This is a “policy espoused by former U.S. president Ronald Reagan. He popularized the controversial idea that greater tax cuts for investors and entrepreneurs provide incentives to save and invest and produce economic benefits that trickle down into the overall economy.” (American Pie: Wealth and Income Inequality in America, 2012). With this way of thinking, the rich keep getting richer and the poor are struggling to survive. The OWS movement strives to make sure the 99%, which would be the middle to lower class Americans, also have a say in the government and a fair distribution of the finances in America. Many people believe that the trickle-down theory is just an excuse to justify favoring the rich financially and the benefits keep going to those richer people. This may have begun with Reagan, mostly. But I think this problem did not just happen suddenly. This was something that started as a small justification for reasons the economy was looking horrible to the majority. But, it took years for us to create the mess America is now seeing with these theories in place. We keep making the rich richer, and the poor poorer. America has seen many recessions, while there are no cuts in pay with wealthy upper class America. The cuts hurt most to those who receive them, the
Open Document